ZENTECBSEZEN Technologies LtdMediumPositive
Announced Fri, 27 Feb · 10:58 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Motilal Oswal ELSS Tax Saver Fund & Others

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

ZENTEC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nine schemes of Motilal Oswal Mutual Fund collectively acquired 55,352 shares of Zen Technologies on February 23, 2026 through open market transactions. This lifted their combined holding from 4.9703% (44,87,707 shares) to 5.0316% (45,43,059 shares), crossing the 5% regulatory threshold under SEBI Takeover Regulations. The acquirer is not a promoter group entity. The acquisition size is small at just 0.0613% of the company's equity, but mandatory disclosure was triggered because of the 5% crossing.

Likely market impact

This signals continued institutional interest in Zen Technologies from a major domestic mutual fund house. Crossing the 5% mark means further purchases above 2% in this financial year will trigger another disclosure, providing visibility into future buying. For shareholders, this steady accumulation by a reputed fund manager is a mildly positive sentiment indicator, though the 0.06% incremental buy is too small to materially move the stock.